https://knews.kathimerini.com.cy/en/business/€75-000-a-bottle-wines-go-up-in-flames-in-limassol-arson-attack
An arson attack on one of Limassol’s most exclusive wine bars has caused serious collateral damage, torching rare bottles worth tens of thousands of euros and sending fresh shockwaves through a case already tied to violent crime....
https://knews.kathimerini.com.cy/en/news/luxury-wine-cellar-in-limassol-ravaged-by-arson
A luxury wine cellar in Limassol was severely damaged in an arson attack, resulting in the loss of some of the world’s most expensive wines, including Château Petrus and Château Margaux....
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-embrace-ai-and-e-commerce-to-boost-growth
Businesses in Cyprus are increasingly embracing digital transformation, with artificial intelligence (AI) and e-commerce emerging as major drivers of change. ...
https://knews.kathimerini.com.cy/en/comment/opinion/debt-surge-ahead-can-the-eurozone-outgrow-its-risks
The Eurozone is entering a phase of rising investments, public debt, and real interest rates. In this challenging environment, economic growth is essential to maintain balance. ...
https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-5-12-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/cyprus-cola-comeback-what-changes-who-benefits-and-who-s-still-left-out
Cyprus’ long-running debate over the Cost-of-Living Allowance (COLA) reached a turning point this month, with President Nikos Christodoulides presenting a new deal as a major win for fairness and the middle class....
https://knews.kathimerini.com.cy/en/news/luxury-cars-torched-possible-ties-to-demosthenous-murder
Firefighters scrambled late Thursday night after a blaze broke out in a private open-air parking lot in Mouttagiaka, destroying four luxury vehicles, including a Mercedes Benz G63, Porsche 911, Lamborghini Revuelto, and Tesla Model X....
https://knews.kathimerini.com.cy/en/business/fitch-lifts-bank-of-cyprus-rating-citing-stronger-economy-and-cleaner-balance-sheet
Bank of Cyprus got a financial thumbs-up from Fitch Ratings on Wednesday, with the agency upgrading the bank’s long-term rating to ‘BBB’ from ‘BBB-’ and giving its Viability Rating the same bump....
https://knews.kathimerini.com.cy/en/comment/opinion/makarios-avenue-struggles-to-reclaim-its-glory-despite-makeover
No one doubts that Makarios Avenue in Nicosia is facing serious commercial challenges. This has been one of the city’s most discussed and critical issues for some time now....
https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings
Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....
https://knews.kathimerini.com.cy/en/business/cyprus-to-boost-wages-for-nearly-half-the-workforce-amid-rising-costs
Cyprus is set to spend more next year, with the 2026 budget estimating total expenditures, including loan repayments, interest, and investments, at €13.7 billion, up from €12.9 billion in 2025. Personnel costs, including pensions and gratuities, are expected to rise by roughly 4.2%, reaching €3.7 billion....
https://knews.kathimerini.com.cy/en/news/audit-service-to-review-first-lady-s-charity-amid-questions-over-donor-ties
Cyprus’ Audit Service will investigate the Independent Social Support Agency, a charitable fund managed by the First Lady, after a report highlighted several donations that raise questions about transparency and possible conflicts of interest....
https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate
Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...
https://knews.kathimerini.com.cy/en/business/employers-unanimously-reject-cost-of-living-proposal-by-government
Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands....
https://knews.kathimerini.com.cy/en/news/€700-000-donation-raises-eyebrows-at-first-lady-s-social-support-agency
A €700,000 donation to the First Lady’s Independent Social Support Agency (ISSB) has drawn fresh scrutiny, with the Auditor General warning that private contributions could give the appearance of influence when donors are also doing business with the State....
https://knews.kathimerini.com.cy/en/news/the-landmark-nicosia-set-to-open-later-this-month
The Landmark Nicosia, Autograph Collection, is entering the final stages of construction and is on track to open its doors by the end of November. ...
https://knews.kathimerini.com.cy/en/business/cyprus-in-the-spotlight-mediterranean-pact-offers-jobs-energy-and-influence
Cyprus is positioning itself for a front‑row seat in a major new regional plan. The EU‑backed Pact for the Mediterranean, launched in mid‑October, aims to deepen cooperation across the southern shores of the Mediterranean, and Cyprus stands to gain in several concrete ways....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-opens-india-hub-to-attract-new-business
The Bank of Cyprus is setting up a special ''India Hub'' to help Indian businesses work with the bank and explore opportunities in Cyprus and Europe....
https://knews.kathimerini.com.cy/en/business/cavalli-tower-at-limassol-blu-marine-officially-inaugurated-in-spectacular-ceremony
The Leptos Group proudly announced the official inauguration of Cavalli Tower at Limassol Blu Marine, marking Roberto Cavalli’s first-ever branded residential development in Europe and a landmark moment for Cyprus on the global stage....
https://knews.kathimerini.com.cy/en/business/two-cyprus-hotels-earn-their-first-michelin-key-and-they-couldn-t-be-more-different
Just like the Michelin stars that honor the world’s best restaurants, the Michelin Key is now shining on the planet’s top hotels, and two of them are right here in Cyprus....
https://knews.kathimerini.com.cy/en/life/from-nicosia-to-new-york-cyprus-halloumi-lands-in-the-west-village
New Yorkers are about to learn what Cypriots have known all along: there’s no problem in life that a bit of halloumi can’t fix....
https://knews.kathimerini.com.cy/en/news/boc-fintech-hackathon-6-0-empowering-innovation-in-the-new-era-of-fintech
The 6th BoC Fintech Hackathon, organized by the Bank of Cyprus, was held at the IDEA Innovation Centre from 10–12 October 2025, and concluded with resounding success....
https://knews.kathimerini.com.cy/en/news/arrest-made-in-the-murder-of-businessman-stavros-demosthenous-as-police-close-in-on-suspects
Authorities have made the first arrest in the high-profile killing of businessman and Karmiotissa football club president Stavros Demosthenous....
https://knews.kathimerini.com.cy/en/business/yet-another-private-clinic-to-open-in-cyprus
Cyprus’s private healthcare sector continues to grow, with plans underway for a new clinic in the heart of Strovolos. The Environmental Authority has approved the construction of the Phoenix Medical Center, owned by PSV Phoenix Holdings LTD, signaling continued investor confidence in the sector....
https://knews.kathimerini.com.cy/en/news/stefan-dobrev-europe-s-diversity-as-a-weapon-for-innovation
Stefan Dobrev, chairman of the European Institute of Innovation and Technology, called for a “new European self-confidence” in the age of artificial intelligence, speaking Thursday at the Digital Agenda 2025 conference under the theme “Beyond AI.”...
https://knews.kathimerini.com.cy/en/news/ai-enters-the-bureaucracy-as-microsoft-co-pilot-rolls-out-in-public-administration
The government has introduced Microsoft Co-pilot, an artificial intelligence tool designed to speed up administrative work and enhance productivity across the public sector....
https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/news/power-shift-17-companies-enter-cyprus-new-electricity-market
For the first time in Cyprus, households and businesses will soon be able to choose who supplies their electricity. Starting today, 17 companies, ranging from homegrown startups to established energy providers, are stepping into the island’s brand-new competitive electricity market....
https://knews.kathimerini.com.cy/en/news/eu-investment-bank-holds-first-board-meeting-in-cyprus
The top decision-makers of the European Investment Bank (EIB) are in Cyprus for their first board meeting in the country, shining a spotlight on the island as a key partner in European development....
https://knews.kathimerini.com.cy/en/business/eif-and-eurobank-join-forces-to-channel-€62-5-million-in-new-financing-to-cypriot-smes-and-start-ups
The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....
